Enterprise Credit Overview
The Enterprise Credit organization is an integrated credit underwriting, monitoring and product management organization managing credit for clients in the bank’s eight lines of business including consumers, companies, and institutions. To deliver seamlessly for our clients, the Enterprise Credit team works with a large array of partners in Global Risk, Global Operations, Global Banking and Consumer & Small Business Banking.
For additional information on our eight-lines of business, please refer to the annual report.
Enterprise Credit Analyst Program
The Enterprise Credit Summer Analyst Program is a ten-week program that provides you broad exposure into our credit underwriting, monitoring, business controls and data management routines. The program emphasizes on-the-job training augmented by classroom instruction focused on technical, analytical, and professional skills.
Our goal is for you to have the opportunity to build upon your academic foundation – specifically technical skills, industry knowledge and familiarity with a corporate environment – while pursuing your career, based on your interests and background. Your training and development is our top priority, with extensive formal training offered at the start of the program and on-the-job support, events, and mentorship throughout.
The Enterprise Credit program has six tracks to support the eight lines of business. The tracks include:
- Consumer Credit
- Global Wealth & Investment Management Credit (Supporting our Merrill and Private Bank clients)
- Global Commercial Banking (GCB), Asset Based Finance and Commercial Real Estate Credit
- Global Corporate & Investment Banking and Global Markets Credit
- Leveraged Finance Credit – Acquisition Finance
- Data and Analytics and Business Controls/Process Optimization
This job requisition is for the Global Corporate and Investment Banking (GCIB) and Global Markets Credit track.
Global Corporate & Investment Banking and Global Markets Credit:
- Global Corporate & Investment Banking Credit – Provide credit to large multi-national corporate clients, middle market firms and emerging growth companies worldwide. This team is structured by industry sectors including the Global Renewable Energy Credit team and Leveraged Finance Credit team
- Global Markets Credit – Provide credit to support investment funds and other financial market participants with managing products such as debt, equity, commodities and foreign exchange
What to expect day to day
Over the ten-week program, you will participate in a variety of day-to-day activities depending on the credit portfolio to which you are aligned. You will be paired with a senior team of credit professionals and may work with different types of companies and institutions. Potential activities include:
- Review and analyze company financial information and industry / competitor trends
- Complete cash-flow analysis to understand the client’s ability to incur and repay debt obligations
- Identify, define and mitigate key credit risks
- Participate in loan structure conversations and completion of loan documentation
- Review and evaluate collateral in determination of credit worthiness and ensure appropriate requirements are met
- Attend client meetings / calls to develop a deeper understanding of the client’s business, management team, and performance trends
- Perform periodic client monitoring activities
- Develop product knowledge across a wide range of credit products
- Understand how credit data is used internally and provided to regulatory partners
- Develop an understanding of various credit policy and procedures
Locations
Charlotte, Chicago, Dallas, Houston, New York, San Francisco
Qualifications
- Students must be pursuing a Bachelors or Bachelors direct to Master’s degree from an accredited college or university with a graduation timeframe between November 2026 and August 2027
- 3.2 minimum GPA preferred – A history of high achievement
- Common areas of study include but are not limited to:
- Corporate Finance
- Accounting – 12+ credit hours preferred including upper-level courses
- Economics
- Other related majors
- Candidates should possess a high level of intellectual curiosity, a drive for operational excellence, and a commitment to achieving sustainable results. Additionally, students should hold strong academic and technical skills in Microsoft Office as well as show proficiencies in leadership, teamwork, problem solving & analytical skills, verbal and written communication, and professionalism.
Bank of America is unable to consider candidates that will require visa sponsorship now, or in the future, for this specific role.
Bank of America does not complete third party forms from colleges, universities, or other parties.
Full / Part-time: Fulltime
Hours Per Week: 40.00
Shift: 1st Shift